Info Report Check
Submission incomplete:
1: The PP/DOE are requested to present the sensitivity analysis of the investment analysis as per EB 48 Annex 60 paragraph 10 (a).
In doing this, the PP is requested to include in the analysis the variables that constitute more than 20% of total project costs, subject these variables to reasonable variation and present the result of these variations in the PDD and the spreadsheet for investment analysis.

2: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
In particular, (i) the project lifetime of 20 years; (ii) the escalation rate of natural gas price (10%) given that the Notification No. Eco 2/2009-CERC of 30/09/2009 indicates an escalation rate for domestic gas of 1.31%; (iii) the adequacy of applying an escalation rate to the spares on working capital, given that the O&M costs are already escalated.

Please, note that the document used for validating the escalation rate applied to natural gas price (Notification No. Eco 2/2009-CERC of 30/09/2009, available at http://www.cercind.gov.in/Escalation-rate/Notification-dated-30-09-09.pdf) was also used for validating the Project Activity 6943 and, in that case, the DOE did quote the correct escalation value (i.e. 1.31%).

3: The DOE is requested to include information on how it has validated sensitivity analysis of the investment analysis as per VVM v1.2 paragraph 111 (e).